RBC Capital Maintains Outperform on General Dynamics, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Eisen maintains an Outperform rating on General Dynamics (NYSE:GD) but lowers the price target from $325 to $320.
April 25, 2024 | 3:56 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on General Dynamics but lowers the price target from $325 to $320.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a continued positive outlook on General Dynamics but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100